PHI - taking a cue from TEL ADR; TEL

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PHI = 65.38 (-3.26%)
TEL = 2565 (-7.40%)

PHI seems to have formed a doji with lower low and lower high. Volume increasing.

TEL formed a gap down black candle. Volume decreasing.

TEL formed a 7th black candle

news: Fed cuts rate by 75 basis points

Computation for possible gains if we bought TEL at the close of yesterday and TEL mirrors the close of PHI.

65.38 x 41.595 = 2719.48
PHI = 65.38
TEL = 2565

2719-2565=154 around 6% gain

Good luck to all TEL traders!
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